“Beverly Hills Cop: Axel F” cost $150 million

While “Despicable Me 4” will be released to the general public in theaters this coming July 4th holiday weekend, the movie that many adults seem to want to see will be at home.

Netflix is ​​releasing “Beverly Hills Cop: Axel F,” directed by Eddie Murphy, on Wednesday, July 3, and it looks set to be not only a hit, but one of the best-received Netflix action movies to date (not the highest bar to clear).

The fourth “Beverly Hills Cop” reportedly tested to great results last year, and Deadline now reports that its budget is estimated to have reached $150 million – much of which is likely Murphy’s salary.

That’s cheaper than “Red Notice” and “The Gray Man” which cost $200 million each, tied with “Heart of Stone” and “6 Underground” at $150 million each, and more expensive than ” Triple Frontier” ($115 million), “Day Shift” ($100 million) or “Lift” ($100 million).

Netflix’s most notable action hits to date have been more mid-budget films such as “Extraction” ($65 million), “The Old Guard” ($70 million) and “The Mother” ($43 million). millions of dollars).

Netflix held an event for the film at Hollywood’s rehabilitated Egyptian Theatre this week, and the reaction on social media is already overwhelming. Reviews are expected to be released closer to the film’s release on Wednesday.

Murphy, Joseph Gordon-Levitt, Kevin Bacon, Taylour Paige, Judge Reinhold, John Ashton, Paul Reiser and Bronson Pinchot star in the film directed by Mark Molloy.